|Motley Fool: March 29, 2014|
|News - St Augustine Area & St Johns County|
Ask the Fool
Target-Date Funds 101
Q: Can you explain what target-date funds are, and if they’re good investments? — P.L., Headland, Ala.
A: Target-date funds are sometimes referred to as “lifecycle” funds. Relatively new, they’re designed to simplify your financial life. Each fund is focused on a particular year when shareholders would be expected to retire, and its asset allocation is adjusted over time as retirement approaches.
Read entire article: Motley Fool: March 29, 2014